http://www.cyrilsweett.com/saudi-arabi/projects?location=0§orservice=0&projectid=520&page=1Cyril Sweett will be providing cost and project management services on the the iconic "crystalline" tower, in The King Abdullah Financial District in Riyadh. The King Abdullah Financial District (KAFD) is a mega scale new development that will provide a new economic platform in the heart of the capital city. The focal point of the KAFD is the Financial Plaza which contains the five tallest towers in the scheme, of which the tallest is an iconic 'crystalline' tower which will be the Capital Market Authority (CMA) Tower . The CMA will occupy the upper section of the tower whilst the remainder of the floors are to be leased to other world leading financial organisations and banks.
The tower soars 385m above the surrounding cityscape and will provide an anchor for the district as a whole. The 'crystalline' tower will join the top-table of world tall towers. There will be a podium structure at the base of the Tower which integrates public circulation (via the district 'sky-bridge' system of the Masterplan) with the private amenity spaces (including the CMA Dining Facilities and a two storey state-of-the-art Auditorium) all within a breathtaking contemporary design. The project is due to complete beginning of 2012.
The building will incorporate energy efficient design to the very best Leadership in Energy and Environmental Design (LEED) credentials and it will make use of leading edge technologies such as photovoltaics.This premier 'Class A' office space integrates intelligent, cutting edge and adaptable services while adhering to the inherent principles of a 'Green Building' and at the same time creating an enjoyable working environment.
Contractor to build a 79-floor structure at King Abdullah Financial District
Saudi Binladin frontrunner for Capital Market Authority tower deal
Saudi financial regulator the Capital Market Authority (CMA) has selected the local Saudi Binladin Group for the contract to build the kingdom’s tallest tower at King Abdullah Financial District on the outskirts of the capital.
According to sources close to the project, the value of the contract has not been finalised.
Once the contract is awarded, the contractor will build a 400-metre-tall tower with three basement floors and 79 storeys above ground. The building will have a total built-up area of 185,000 square metres.
When complete in 2012, the tower will supercede the 309-metre-tall Kingdom Tower in Riyadh and will be the country’s tallest building (MEED 25:9:09).
The regulator wants to move into the tower in early 2012.
The CMA tower is one of several high-rise developments planned for the SR36bn ($9.6bn) financial district.
The Saudi Stock Exchange (Tadawul) and other Saudi financial institutions, such as Samba, Alina Bank, Al-Raj hi Bank, and the Public Investment Fund, are all seeking high-rise office space in the financial district.
In November, Saudi bank Samba invited companies to qualify for the contract to build its new headquarters.
The main construction contract involves building the structure and a basic fit-out of a 39-floor office building with three levels of basement parking.
The total built-up area is about 110,000 square metres. A contract to complete the fit-out will be awarded later, once work has started on the main contract. The client expects construction to start during the second quarter of 2010.
Source //// meed